Fiber Optic Beam Expander Market to Reach USD 1.29 billion by 2020

The fiber optics industry is witnessing an impressive increase in the consumption of the optical elements and components. This has facilitated the development of a strong environment for the increasing consumption of the fiber beam expander lenses (and lens assemblies). There has been a rapid large scale expansion of the fiber optic transport and access networks in the telecommunication industry. The private data communication, cable TV, specialty, and instrumentation segments are also the major drivers for the fiber optic beam expander market. The fiber optic beam expanders are used in conjunction with optical isolators, optical circulators, and other devices. They convert divergent beams of radiation or particles, such as light rays, into parallel beams.

Fiber optic beam expander lens assemblies are widely used to covert a beam of parallel light into a divergent output beam of light. In many applications, this divergent beam of light is again converted into a beam of parallel light in order to improve the quality of the beam of light and achieve the desired coherent characteristics of light. They are used in a variety of optical communication components, such as modulators, attenuators, transmitters, pump laser modules, switches/optical cross connects, wavelength selective switches, ROADMs, isolators, circulators, expanded-beam connector assemblies, optical filter modules, DWDM, tunable filters, optical sensors, optical signal processing, integrated/hybrid packaged modules, and other active and passive components & devices. The market for the fiber optic beam expanders has been showing a robust growth in the recent years due to their extensive use in the passive optical components, such as couplers, filters, isolators, circulators, certain types of connectors, switch elements, and others.

Scope of the report:
This research report categorizes the global market based on the design type, device type, application, and geography; it also estimates the market size and covers the emerging applications of the global fiber optic beam expander market.

On the basis of design types:
The global fiber optic beam expander market is classified into the Keplerian and Galilean beam expander segments.

On the basis of applications:
The market is segmented into five different applications, namely military & defense, scientific research & instrumentation, medical, industrial (for instance, mining, petroleum exploration, and utilities), and commercial (for instance, entertainment, traffic control, education, and simulation).

On the basis of geography:
The market is segmented by geography into four major regions, namely the Americas, Europe, APAC and RoW.

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